166/109-113 George Street, Parramatta NSW 2150
166/109-113 George Street, Parramatta NSW 2150
1 bed | 54m² | central Parramatta | flood overlay | modern build
This apartment is competitively positioned for its size and location, offering a compact but functional floorplan in a mid-2010s building with air conditioning, secure parking, and a gym. Its central Parramatta address places it within walking distance of the CBD, light rail, and Westfield, making it particularly well suited for investors targeting strong rental demand or first-home buyers seeking a lower entry point into an urban, amenity-rich area. The modern finishes, including wood flooring and a marble kitchen, lift it above older stock in the same price bracket, while the secure parking and intercom add practical appeal for owner-occupiers who prioritise convenience and low-maintenance living.
The flood overlay is the most material factor that may affect this property’s value, as it introduces insurance considerations and could narrow the buyer pool for some lenders or cautious purchasers. The 54m² floor area is typical for a modern one-bedroom apartment in this market, but it may feel compact for those accustomed to older layouts, so prospective buyers should assess whether the internal space meets their needs. The building’s age and finishes suggest reasonable quality, though the exact aspect and outlook are not confirmed, which could influence light quality and street noise exposure for a CBD-edge apartment.
Detailed Independent Property Report prepared by PropCred Analyst team for 166/109-113 George Street, Parramatta NSW 2150
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Parramatta is a major commercial hub with strong rental demand, particularly for affordable units which attract first-home buyers and investors. The house market, positioned in the premium segment, faces affordability pressures. Recent price trends show divergence, with house values experiencing correction while units demonstrate relative stability. Future growth is underpinned by significant infrastructure investment and its established role as an employment centre, though high investor concentration in certain unit stock and sensitivity to interest rates present key market constraints.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
577m²
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